2001 (4) TMI 68

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....Income-tax Act in respect of the expenditure on calendars, panchangs and diaries? 2. Whether, on the facts and in the circumstances of the case, the Tribunal was justified in law in holding that the expenditure on calendars, panchangs and diaries should be regulated only under section 37(3A) of the Income-tax Act, 1961, and in that view directing the Assessing Officer to ascertain the cost of each articles in tender (intended?) for prescription and regulate the expenditure in accordance with rule 6B? 3. Whether, on the facts and in the circumstances of the case, the Tribunal was justified in law in holding that the payment made to hotels remaining balance after disallowance under section 37(3A) cannot be further disallowed under secti....

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....provision of section 37(3A) of the Act for disallowance on the aforesaid expenditure. In the fresh assessment following the direction of the Commissioner of Income-tax he has invoked the provision of section 37(3A) of the Act and disallowed accordingly. The order of the Commissioner of Income-tax under section 263 has been challenged by the assessee before the Tribunal. The Tribunal has taken the view that there is no justification to invoke the provisions of section 37(3A) for disallowance on the aforesaid expenses. The Tribunal has further taken the view that once the provision of section 37(3A) of the Act has been invoked for disallowance on the hotel expenses, no further disallowance can be made invoking the provision of section 37(2A) ....